(23 JULY 2020)USD/TRY Rebound expected.

Pivot
 (invalidation): 6.8350
Our preference
Long positions above 6.8350 with targets at 6.8520 & 6.8590 in extension.
Alternative scenario
Below 6.8350 look for further downside with 6.8260 & 6.8160 as targets.
Comment
A support base at 6.8350 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)